Business news briefs

This is an archived article that was published on sltrib.com in 2013, and information in the article may be outdated. It is provided only for personal research purposes and may not be reprinted.

Las Vegas Strip

project gets

new life, owner

An Asian conglomerate plans to break ground next year on a long-stalled project that could revitalize a dilapidated section of the Las Vegas Strip. The Genting Group is buying the land where Boyd Gaming's partially built Echelon project has gathered dust since the economy crashed.

Pratt & Whitney

discloses bogus

jet engine tests

Jet engine maker Pratt & Whitney said it uncovered fraudulent testing of engine parts involving falsified records, but no flight safety risks were uncovered. The company said it began an investigation in June 2011 when an employee alleged data had been altered on metallurgical tests involving some forged engine components.

Evernote hacked,

up to 50 million

passwords reset

Online note-taking service Evernote said it was hacked and is resetting all its 50 million users' passwords. It said an attacker was able to access sensitive information, and that every user would have their account reset "in an abundance of caution." It said, though, there is no evidence customer data was compromised.

Venafi moving

from Sandy to

Salt Lake City

Venafi, which develops software to manage encryption keys, is moving to Salt Lake City. The company signed a seven-year lease to move into the City Centre Building at 175 E. 400 South, according to Cushman & Wakefield | Commerce, which negotiated the deal.